1inch Launches DeFi Services for Institutions With 'Fusion API'

IconCrypto News Terminal25 Apr, 2024

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1inch Launches DeFi Services for Institutions With 'Fusion API'

1inch has launched Fusion API, an API service that makes it easy for institutional investors to use DeFi services. Fusion API offers several advantages for institutional investors, including: - KYC compliance - Fee-free DEX token swaps - MEV protection - Compliance with AML regulations 1inch is a leading decentralized exchange (DEX) that allows users trade cryptocurrencies without using a middleman. The launch of Fusion API is a significant step forward for 1inch, as it will allow the company to expand its reach into the institutional market. Institutional investors are increasingly looking to invest in DeFi, but they are often hesitant due to the complexity and risk associated with the technology. Fusion API aims to make DeFi more accessible and less risky for institutional investors. Previously on [date], 1inch announced a partnership with Copper to provide custody and trading services for institutional investors.

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